CCI approves the acquisition of some share capital issued and paid for Haldiram, and brandedquity

On Tuesday, the Commission for Competition of India (CCI) approved the acquisition of some share capital issued and paid by Haldiram Snacks Food Private Limited by Alpha Wave Ventures II LP and Alpha Wave IHC CI, LP, LP, LPOn March 31st, Haldiram, the country’s leading and leading food brand, had confirmed the sale of his participation in IHC (International Holding) and Alpha Wave Global.

The announcement had come a day after Haldiram had confirmed the acquisition of a minority participation by the global investment company of Singapore themesek.

“Haldiram’s, the main brand of snacks and foods in India, is pleased to announce the addition of two new investors, IHC (International Holding Company) and Alpha Wave Global, in its current stock round, following the recent participation of the themesek”, says the declaration.

Alpha Wave is a global investment company that focuses on three main verticals, private equities, private credit and public markets, while IHC based in the United Arab Emirates is one of the largest investment companies in the world.

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